11:08 ET - There's meat on the bone at Wingstop, even though shares have been in a tailspin so far this year, Citigroup analysts say in a research note. They attributed the selloff to the company's turbulent long-term sales growth and high-level data that suggests a weak upcoming quarterly financial report. While there doesn't appear to be an immediate fix for Wingstop's problems, the analysts note that the chain is well positioned to grow over the long term. Store counts continue to rise, as do guest conversions and brand awareness. That means Wingstop has the ability to improve sales over the coming months with increased product innovation and consumer mobilization, the analysts say. They add the chain could see a World Cup boost this year as well. Citigroup upgrades Wingstop to buy from neutral, and cuts its price target to $230 from $286. (connor.hart@wsj.com)

(END) Dow Jones Newswires

April 07, 2026 11:08 ET (15:08 GMT)

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